Is Henry Kaye back in business already?

For those of us wondering what Henry Kaye has been up to lately, this could be the answer:

On 19-20 March, a company called “Evolution Education” is running a property spruiking event in Melbourne. Check out how they pitch it:

Let me ask you a high level question…

Is your ability to come up with the initial 10% Deposit on your investment property leaving you locked out from the property market?

If the answer is YES, then you need to book yourself into the next Property Express Weekend live workshop!

By attending this unique live 2 Day event, you will learn how ‘To Manufacture A 10% Deposit In Your Next Property Purchase!’, which include;
10% Deposit rebate from the developer at the settlement of the property.
10% Gifted deposit from the developer when buying property.
Long Term Settlement, not the Contract Price.
Residential Lending plus Personal Loans in order to obtain 100 percent Finance.
Buying properties via Equity Partners and Joint Ventures (JV’s).

And here is the really cool part of this live event!

Not only will the event be covering each one of the 5 above topics in great detail, we will also be showing you actual deals that we have personally put together for some private clients this year.

Yep, that’s right. It sounds a lot like the hype used to push property scams that Henry Kaye has previously run through Jamie McIntyre of 21st Century Education and Greg Klopper of Global 1. Very much like it.

But there’s more…

Check out the line up of spruikers, Henry Kaye has put the band back together. Steven Molnar, Konrad Bobilak, Cameron Fisher and Stephen McClatchie: all experienced seminar property spruikers who’ve pushed Henry’s past scams via Jamie McIntyre’s company.

The CEO of Evolution Education is Chris Freeman. There are four speakers appearing at the event: Steven Molnar, Konrad Bobilak, Cameron Fisher and Stephen McClatchie.

All five of them are known associates of Jamie McIntyre. All have been involved with his many and varied property scams in the past. In fact, they were publicly spruiking for McIntyre as recently as 12-18 months ago.

So let’s break down what we know:

• Jamie McIntyre and Henry Kaye are very close and long-term friends.

• To date every time Jamie McIntyre has run a property scam, Henry Kaye has been behind it. Every time. McIntyre clearly isn’t bothered by having his links to Kaye exposed, because he’s continued to work with him after each bout of negative publicity.

• Henry Kaye likes to stay out of sight, so in the past he’s run a number of his property scams by having Michael Grochowski front them using his company, the infamous “Project Management (Aust) Pty Ltd”.

• The last year has been tough on McIntyre, Kaye and their associates. ASIC is pursuing Grochowski, Kaye’s sister Julia Feldman, Greg Klopper, Rowan Burn and others. ASIC has also wound up a number of McIntyre’s companies, and Project Management Australia is gone too.

• Greg Klopper has shut down Global 1, so Henry isn’t seeing any revenue from him.

• Jamie McIntyre is valiantly trying to spruik on, but he’s had so much bad publicity for his role in the land banking scam that his sales have dried up. Of course Jamie still finds the odd sucker now and then, but there aren’t many marks left who are gullible enough to buy a scammy property deal without at least Googling Jamie’s name.

• Henry Kaye needs a new sales channel and he needs one urgently. He’s been shut out of the land option business for a year now and that’s got to hurt.

What’s interesting is the blatant and obvious way these guys have gone about it. All five of them are well known as Henry and Jamie’s boys, yet they’ve made no attempt to keep any of them out of public view. They’re all named in the event promotion, front and centre.

They’ve even set up shop for Evolution Education at 72 York Street, South Melbourne. That’s just a couple of doors down from the old Project Management Australia office at number 92, so they’re certainly not trying to hide.

So Henry has set up a new seminar company and stacked it with his favourite spruikers from Jamie McIntyre’s company. He’s put the band back together!

The loser in all this of course is McIntyre. He’s out in the cold now, since he’s no more use to Henry. His name has been blackened beyond redemption and he’ll be mired in court cases from the land option scam for years to come. Oh well, at least he’ll have Greg Klopper for company as he’s in the same boat.

It’ll be interesting to see how long it will be before ASIC takes an interest in this new operation. Until then, the good people of Melbourne will just to be careful to give Henry Kaye’s 5-man property spruiking team a wide berth, for the sake of their financial health.

Be careful, everyone. Henry Kaye is still out there, still scheming and he still has his eye on your hard-earned savings.

Jamie McIntyre’s end is near as ASIC tightens its grip

Well, what an exciting few months it has been!

ASIC seems to have Jamie McIntyre sorted out with a firm grip on his short & curlies.

First, he was grilled by two very well-briefed senators at the parliamentary enquiry:

Property spruiker Jamie McIntyre called a ‘conman’ by senators seeking lost millions

Politicians Lash Out At Controversial Spruiker Jamie McIntyre Over Land Banking

Jamie McIntyre really did NOT enjoy being grilled about his dodgy land banking scheme at the senate enquiry into financial advice…

It’s definitely worth reading the transcript of the September 30 evidence given at the enquiry – absolutely fascinating! Jamie is defiant to the last, but slippery and sleazy as always. Check it out here:

Economics References Committee, Wednesday, 30 September 2015, Scrutiny of financial advice

ASIC appointed administrators to the property development companies for each of Jamie’s dodgy land banking projects:

ASIC acts against 21st Century Group and Jamie McIntyre land banking schemes

21st Century Group land banking proceedings, Frequently asked questions

ASIC restrains Macro Realty Developments Pty Ltd and Jamie McIntyre’s 21st Century Property and 21st Century Education from promoting Pilbara property investment

Liquidators Appointed To Firms Related To Spruiker Jamie McIntyre

McIntyre’s collapsed land banking scheme faces liquidation

Jamie pulled one last con on his long-suffering marks, I mean investors, convincing them to vote against liquidation. It’s to be expected that Jamie would try to avoid liquidation, as that status brings with it a much higher level of scrutiny as well as legal and financial risk to the principals of the companies.

However ASIC was having none of it, so they went to court in a bid to have the investors vote overruled:

ASIC Moves To Wind-Up Failed Land Banking Firm

In December, ASIC reported that the companies Jamie is trying to keep out of liquidation were likely insolvent. It also wound up another of Jamie’s companies and went after Henry Kaye’s middle man/puppet, Michael Grochowski:

Watchdog moves on Henry Kaye-linked scheme

All the while, Jamie and his brother have to leave their passports in safe hands so they can’t flee the country.

Oh, I do love to see cheating scumbags get what they deserve!

Greg, Rowan, Henry and Jamie make the news again

How reassuring to see that Fairfax are not letting up in their coverage of the whole big Henry Kaye–Jamie McIntyre–Greg Klopper–Global 1 Events–Rowan Burn–Market First–Michael Grochowski–Julia Feldman land banking clusterfuck.

The Global 1 Events team: before and after their name was dragged through the mud by the Henry Kaye land banking scam.

A long & detailed article published yesterday provides an update on ASIC’s latest efforts to shut down Henry Kaye, along with his front men/puppets Jamie McIntyre and Greg Klopper, for good.

It’s not pretty at all. So far as the unwitting suckers investors are concerned, describing the ugly mess into which their money has vanished as a “clusterfuck” is an understatement. Here’s the latest Fairfax story:

Watchdog moves on land banking as investors fear losses

At present, Jamie McIntyre and his brother Dennis are at the top of ASIC’s hit list.

But this story is a comforting reminder that Greg Klopper of Global 1 Events and his frontman/spruiker Rowan Burn are still on ASIC’s to-do list.

That’s a good thing: just like Jamie McIntyre, Greg Klopper needs to be shut down for good before he can restart the scam with Henry Kaye.

Land banking salesman Greg Klopper with self-help “guru” John Demartini

Word of the scam has spread widely through Global 1’s database of self-help seminar junkies, built from marketing of John Demartini events. Greg scammed hundreds of those clients and now they’ve all received the “we’re sorry” letters from Slater & Gordon after the firm realised it had been unwittingly working with Henry Kaye.

You can’t keep something like that covered up, so there’s been much discussion of the Henry Kaye-backed land option scam among Global 1’s fans of Demartini. It’s going to be hard to flog more scam property investments to those clients when Greg is ready to kick things off with his new spruiking frontman, who I’ll call “Replacement-for-Rowan”.

Kahlia Ericson tries to rent out the old Market First Group office on Greg Klopper’s instructions

To get around that, Greg has been building new client databases on new topics, so there will be little overlap with the “poisoned” Demartini database.

Featuring prominently in that venture is Ryan Deiss, a baby-faced Internet marketing guru from the USA. As Deiss was getting into bed with Global 1 he was warned of their tie-in with Henry Kaye, the closest Australian equivalent to Bernie Madoff-type character.

But Deiss showed his character by ignoring the warning and disregarding the harm that could be caused to unsuspecting Australian attendees at his event. Like Kaye and Klopper, Deiss chose money over integrity.

Klopper’s company Global 1 Events recently ran an Australian version of Deiss’ regular US-based Internet marketing event, “Traffic and Conversion Summit” in Sydney.

For selling a piece of his soul to Greg and his property spruiking mates, Deiss walked away with a bag of cash.

Janine Allis, Ryan Deiss and Greg Klopper on stage at Traffic and Conversion Summit Australia

And Greg got what he wanted too: he used Deiss’ name and brand to pull in lots of new names for his email list – all aspiring Internet marketers, most of whom have never been to a Demartini event and who haven’t heard about Greg’s ties to Henry Kaye.

In other words: Greg picked up a ton of fresh meat for the next incarnation of his and Henry’s land banking scam.

Also featuring in yesterday’s story is Michael Grochowski, Henry Kaye’s bagman, fixer and puppet. Kaye of course was banned from running a company by ASIC, so can’t be seen to be in control of a scheme; having Grochowski sign all the paperwork avoids any problems with the corporate plod.

Plus, Kaye can’t be seen meeting with either Greg Klopper or Jamie McIntyre. Australian punters are a bit naive about those two sharks, but they would never touch an investment if they knew Henry Kaye was behind it!

Don’t get me wrong: both Jamie and Greg do meet regularly with Henry, plus all the calls and emails. It’s just all kept very secret squirrel, so that Henry stays safely in the shadows. For a long time, Henry used the personal email address reconsultco@gmail.com; when ASIC took a peek into that account, they found a ton of emails between Henry, Klopper, McIntyre, Grochowski, Feldman and their foot soldiers. It will make for fascinating reading when it goes public.

Ah, it’s going to be an exciting senate enquiry!

You can be sure the Fairfax reporters will be there for every minute of it, so there are going to be a lot more stories like yesterday to air all the dirty laundry as it’s revealed. I can’t wait!

The Age digs up the whole dirty story: Jamie McIntyre, Global 1, Greg Klopper, Slater & Gordon – in bed with Henry Kaye

In a lovely piece of investigative journalism – the old school stuff that’s all too rare these days – journalists at The Age newspaper have dug up all the details of Henry Kaye’s dodgy land option scam. They published their stories today, and what a fascinating read they make!

Kaye continues to conjure

How to be more like Jamie McIntyre: Inside a spruiker’s seminar

Henry Kaye back in business: Doubts over small investors’ $100 million stake in questionable property investment schemes

OK, so this isn’t too much skin off Jamie McIntyre’s nose. He’s been linked to Henry Kaye repeatedly over the years to the point where most people assume there’s something dodgy going on due to the association. Add to that his repeated run-ins with ASIC and it’s clear he’s NOT someone you’d trust with your hard-earned.

But it’s all new for Greg Klopper and his long-suffering team at Global 1 Events. They’ve managed to keep their dodgy dealings quiet for 4 years – which is much longer than I ever expected them to. Greg didn’t do it on his own, he’s simply not that sharp. No, he had Henry’s unethical law firm waiting to slap a lawsuit on anyone who considered speaking up, and Henry’s usual team of grunts on hand to make anonymous death threats to silence people.

Still, it was inevitably going to get out sooner or later. Which begs the question of what on earth Greg was thinking? He went into business with Henry knowing that when it came out his reputation would be trashed, and indeed now it has: he’s the new Jamie McIntyre of his industry.

People are distancing themselves faster than you can say “plausible deniability”. You can be sure that John Demartini‘s people are re-reading his contract with Global 1 under instructions to find a get-out loophole. Squeaky-clean Ryan Deiss of Digital Marketer is doubtless doing the same, no doubt ruing the day (quite recently) that he signed it. Benjamin Harvey isn’t going anywhere: Global 1’s business is too lucrative to him and besides, he doesn’t yet have much of a brand to be tarnished by the links to Henry.

So why did Greg faceplant his whole business with the Henry Kaye deal? I think he basically just didn’t think it through. Greg isn’t super bright, but he is renowned for his willingness to chase a dollar regardless of ethics.

Everyone who’s dealt with Greg comes away noting that he has no real mission or purpose behind what he does, it’s only about the money. So when Henry’s frontpeople, Michael Grochowski and Julia Feldman, put some big juicy commission projections in front of Greg, he simply gave in to his natural Pavlovian response. And that put him on the path to today’s predicament.

Oh dear, Greg!

Things that make you go “Hmmm….”

Here’s a quick bit of history:

In 2008, ASIC was pursuing a legal case against Henry Kaye and it looked very much like he would go to jail.

Then at the last minute, Henry’s former lawyer Colin Adno, a key witness in the case, changed his evidence. The case collapsed and Henry avoided jail.

Why did Colin change his story? I don’t know, I can only speculate…

So, how is this relevant today?

Well, when we started having dealings with Michael Grochowski and Henry’s company that supplied land options to Global 1, I noticed that Colin Adno was the lawyer acting for them. Clearly there are no hard feelings over the aborted legal case, Henry is still happy to steer work Colin’s way.

How very cosy!

Hmmm.

Henry Kaye is still selling property through seminars today

Global1 Events Christmas Logo

I’m a former employee of seminar company Global 1 Events, so forgive my anonymity but I signed an NDA at the time. I was never comfortable with the property side of the business, because all the property sold to seminar attendees was being supplied by Henry Kaye and his colleagues.

Henry Kaye has a day in court

There are a surprising number of people who knew this, and I always expected it to blow up into a scandal in the media, but somehow it never did. The company certainly kept a tight lid on things:

Early on we partnered with an external real estate company to process the property transactions because we didn’t have a licence. They managed to find out that the property was being sourced from Kaye’s company and went nuts, they didn’t want anything to do with us after that. Global 1 managed to keep them quiet with a combination of legal threats and a payoff to go away.

Several of the clients who bought options via that real estate company found out that the deal wasn’t kosher, but they all got a refund in the end which is perhaps why they didn’t talk.

Also, Global 1 fell out with an American speaker they partnered with a couple of years back and he threatened to go public with the Henry Kaye story. But he never did, so somehow the company kept him quiet too.

So the only person who seems to be talking about it is this guy:

Ripoff report: Global 1 Training / Market First Group

21st Century Property Direct

Here’s how it started…

Henry approached us through an intermediary, Michael Grochowski, back in 2011. He’d been working with our competitor 21st Century Education for years, but their seminar numbers had fallen to almost nothing because of negative publicity like this:

Land option country

Delving into the dark side of shadow brokers

House ‘idyll’ just barren paddock

So he wanted to team up with Global 1 because we were getting much bigger audiences with speakers like John Demartini, Cherie Barber and, later on, Steve McKnight and Mark Bouris.

The commissions offered were huge, and we weren’t very profitable at the time, so it was impossible to turn down. We made Rowan Burn the face of the new property business, Market First Group, and used the big name speakers to fill rooms so that we could pitch Henry’s land options to the large audiences. The other speakers had no idea what we and Rowan were up to – like everyone else, they had no idea that Henry was behind the scenes, pulling the strings.

Henry Kaye’s sister Julia Feldman was the property marketing manager at 21st Century and she worked with Grochowski to put all the marketing and sales collateral together for the land options we were selling.

The only change in product was that 21st Century had focussed on selling options in regional centres like Shepparton and Bendigo. For our clients, Henry got options in the outer western suburbs of Melbourne. So yes we could say we were selling property in a capital city, but if you know anything about Melbourne you’ll know that no one is likely to see much capital growth on undeveloped land out there for a long time yet.

Anyway, all this has been going on for years now and surprisingly no one seems to care. Real estate heavyweights in Melbourne all know what Kaye is up to, and a lot of the seminar industry knows that we were fronting his property sales.

Meanwhile, average investors are buying up these property deals without the benefit of knowing that they’re part of a Henry Kaye scheme – with all that entails for the likely impact on the risk & return on their investment.

I can’t believe ASIC isn’t all over this, that’s one of the reasons I got out.

More to follow.